With $38 billion in purchases, Tesla is Ningde Times' largest customer for the second year in a row

Tesla became Ningde Times' largest customer for the second consecutive year. In 2022, Ningde Times' lithium battery sales revenue from Tesla was RMB 38 billion, accounting for 11.59% of total revenue.
Ningde Times has been supplying to Tesla since July 2020. 2021 saw Tesla become Ningde Times' largest customer for the first time, purchasing a total of 13 billion yuan of lithium batteries that year, accounting for 10% of Ningde Times' total revenue.

Another Tesla recent event
Cathie Wood and her ARK Invest firm are buying the dip on Tesla as Elon Musk's EV giant slides after a massive run to start the year. Tesla stock retreated Thursday.